Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
: e* @5 h# Y7 pBought another condo and rent it with $1300/month. Condo fee
* ]% [# I( k. p; Band loan interest (3 years prime-0.85) total $1100/month. Not too bad.
Also bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
Don't talk too much, just do it.

nca

前者对,后者风险大些.

Player99

longlife

原帖由 nca 于 2007-11-30 00:46 发表
前者对,后者风险大些.

8 C  R5 a9 @* H& c( u: U6 Y2 V
. h/ ]) u5 x4 s' t& c1 I# x/ l7 V
* J7 `7 R" n8 e/ k: I, p为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
9 [; }, d7 F9 I5 D7 fWell, it is still the highest ever for my currency exchange history.